By: The Canadian Press News – Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a...
Lauren Boyd, head of the Energy Department’s Geothermal Technologies Office, estimates that geothermal could supply 12% of America’s electricity by 2050 if...
Reporting from AMIR VAHDAT and JON GAMBRELL. TEHRAN, Iran (AP) — Iran has summoned a Swiss diplomat over the apparent U.S. seizure...
By: Reuters – U.S. oil producer Chevron on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms while...
Story By Filip De Mott |Business Insider|The dollar’s dominance is under no real threat from emerging market currencies, India’s oil and gas...
By: Reuters – Chevron’s (CVX.N) two major liquefied natural gas (LNG) production facilities in Australia could face disruptions from next week after unions on...
Ben Lefebvre |Politico| The late-summer surge in gasoline prices is heightening the risks that inflation poses for President Joe Biden, and offering Republicans...
Story By Gordon Tomb |Real Clear Wire| Pennsylvania Governor Josh Shapiro has asked regional power grid operators to enhance the electricity system’s...
Story From Oilprice.com| After years of warnings of failure to invest in enough new exploration, the industry has begun spending more. Yet,...
Story By Jenny Rudolph|Fort Worth Star Telegram| U.S. Energy, an oil and gas company is relocating its headquarters to the historic Armour...
All three major stock indexes closed higher for the second time in six sessions on Thursday, fueled by weekly jobless claims that gave investors hope the U.S. labor market can continue to hold up.
Thursday's data was "soothing concerns over a U.S. economic recession,'' according to senior markets economist James Reilly at Capital Economics.
The Dow Jones Industrial Average finished up by 683.04 points, or 1.8%, at 39,446.49, based on preliminary data.
The S&P 500 closed up by 119.81 points, or 2.3%, at 5,319.31. On a percentage basis, it was the index's best day since Nov. 30, 2022.
The Nasdaq Composite closed up by 464.22 points, or 2.9%, at 16,660.02
The numbers: The number of Americans who applied for unemployment benefits last week sank to 233,000 and receded from nearly one year, suggesting layoffs remain quite low and that the labor market is still in good shape.
New claims fell by 17,000 in the seven days that ended Aug. 3 from 250,000 in the prior week, the government said Thursday. The latest reading marks a one-month low.
Economists polled by the Wall Street Journal had forecast new claims to total 240,000, based on seasonally adjusted figures.
A surge in new claims at the end of July appeared to stem mostly from people in Texas being unable to work after Hurricane Beryl.
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
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